Generali Deutschland Explained

Generali Deutschland
Type:Public
Foundation:1979
Location:Munich, Germany
Key People:Giovanni Liverani, CEO
Industry:Insurance
Products:Insurance
Revenue:€14.89 billion[1]
Num Employees:9,182
Parent:Assicurazioni Generali
Homepage:www.generali.de

Generali Deutschland AG (until 2008: AMB Generali) is a German holding company consisting of about 20 insurance companies. It is the second largest direct insurance company in Germany after Allianz.[2] Its headquarters is in Munich. Companies Generali Deutschland owns include Generali Versicherungen, AachenMünchener, CosmosDirekt and other. The company is fully owned by the Italian group Assicurazioni Generali.

Since 2015, Giovanni Liverani has been CEO of the Generali Deutschland. In May 2015, he declares his new strategy which includes a renaming into Generali Deutschland (former: Generali Deutschland Holding) and a relocation from Cologne to Munich.[3]

Economic Activity

There are numerous insurers and financial services companies working under the umbrella of Generali Deutschland AG, including Generali Versicherungen, AachenMünchener, CosmosDirekt, Central Krankenversicherung, Advocard Rechtsschutzversicherung, Deutsche Bausparkasse Badenia and Dialog. These companies cover the full spectrum of financial services, such as life, health, property and legal expense insurances, construction financing, as well as additional solutions like third-party asset management and real estate brokerage.

Key data

The operating result for Generali in Germany during fiscal year 2015 was €792 million (+5% vs. 2014). Total contributions for 2015 amounted to €17.8 billion. The insurance group has 13.5 million customers across Germany. As of 31 December 2015, Generali Deutschland had approximately 13,000 employees.[4]

Notes and References

  1. Web site: Annual Integrated Report and Consolidated Financial Statements 2021 Generali Group. 2022-05-16.
  2. Web site: Versicherungen nach Beitragseinnahmen 2020.
  3. Web site: Sitzverlegung nach München und Umbenennung in "Generali Deutschland AG" beschlossen. Generali Deutschland AG. 2015-11-25. 2015-08-11. German. Pressemitteilung
  4. Web site: Archived copy . 2016-04-18 . 2016-10-10 . https://web.archive.org/web/20161010184823/https://www.generali-deutschland.de/de/presse-und-medien/pressemitteilungen/generali-in-deutschland-steigert-ergebnis-neue-strategie-gut-unterwegs-1233074/ . dead .